Recently, after five years of hard work from 2019 to 2023, DeHeng’s lawyers finally assisted the Chinese trade exporter they represented in recovering and obtaining the trade payment owed by a German buyer after obtaining the bankruptcy judgment of German court. DeHeng’s lawyers provided professional, comprehensive and high-quality legal services in all stages of the bankruptcy case, including initiating the bankruptcy and reorganization proceedings in Germany and representing the Chinese trade exporter in recovering and ultimately obtaining the owed goods payment, and achieved the desired outcome.

DeHeng lawyers represented a Hong Kong state-controlled enterprise in a dispute case against an Argentine enterprise over an international sale of goods contract, and obtained a favorable award from the China International Economic and Trade Arbitration Commission (“CIETAC”).

Recently after the preliminary and final evaluations, Shenzhen Data Exchange announced its choice of members of the Data Exchange Compliance Association (DEXCA). DeHeng Law Offices (Guangzhou) is one of them and becomes one of the first DEXCA members and third-party legal service providers.

On March 23, 2023, Guangzhou Industrial Investment Holding Group Co., Ltd. obtained the "Reply of the China Securities Regulatory Commission on Approving the Registration of Guangzhou Industrial Investment Holding Group Co., Ltd. on Public Issuance of Corporate Bonds to Professional Investors" (CSRC License [2023] No. 629), and was approved to publicly issue corporate bonds with a total face value of not more than RMB 10 billion to professional investors. The first tranche was issued on April 19-20, 2023.

On March 13, 2023, Guangzhou Pharmaceuticals Co., Ltd. received the "Letter of No Objection on the Listing and Transfer of Asset-Backed Securities of the Asset-Backed Scheme of Industrial Yuanrong – Guangzhou Pharmaceuticals Receivables Tranche 3-7" issued by the Shanghai Stock Exchange, and was approved to publicly issue asset-backed securities of not more than RMB 3 billion to qualified investors. The securities will be underwritten by Industrial Securities Co., Ltd., and offered in multiple tranches.

On April 3, 2023, Guangdong Rising Holdings Group Co., Ltd. obtained the "Letter of No Objection on the Listing and Transfer of Private Placement of Exchangeable Corporate Bond of Guangdong Rising Holdings Group Co., Ltd." (SSE Letter [2023] No. 1008) from Shanghai Stock Exchange, and was approved to issue exchangeable corporate bond with a total amount of not more than RMB 2 billion to professional investors, which was successfully issued on April 18, 2023. The bond holders can exchange the bond for Rising Holdings' equity in China Telecom (601728. SH), and CITIC Securities Co., Ltd. and China International Capital Corporation Limited act as the main underwriters. This is the first successful issuance of the exchangeable bond by a state-owned enterprise directly under the State-owned Assets Supervision and Administration Commission of Guangdong Province.